USD/HUF

358.698
0.71%
Daily
  • L. 355.404
  • H. 358.91
  • Ch. 2.548
  • Ch.% 0.71%
Overview
Costs & Margins
  • USD/HUF is an exotic forex pair representing how many Hungarian forints equal one US dollar. Hungary has experienced high economic growth since the 2008 financial crisis, and its proximity to the European Union means USD/HUF is inversely correlated to EUR/USD. 

    Hungary’s economy is largely driven by the mining and refinement of metals and exports of machinery and other equipment. Hungary’s most prominent trading partners include Germany, Austria, Romania, Slovakia, France, Italy, Poland and the Czech Republic.

    The US dollar, meanwhile, is influenced by a confluence of factors including GDP, inflation, global trade, and the country’s involvement in geopolitical factors.

  • Margin From
    5.0 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
    1000
  • Long
    -4.37
  • Short
    3.02
  • Min Stop Distance
    0.2 points
  • Spreads
  • Spreads From
    0.056 Points
  • Margins
  • 0 - 1000 000
    5.0 %
  • 1000 000 - 5000 000
    10.0 %
  • 5000 000 - 10000 000
    15.0 %
  • 10000 000 - 20000 000
    20.0 %
  • 20000 000 +
    40.0 %
  • Dealing
  • Spreads
    0.056 Points
  • Margins
  • 0 - 1000 000
    5.0 %
  • 1000 000 - 5000 000
    10.0 %
  • 5000 000 - 10000 000
    15.0 %
  • 10000 000 - 20000 000
    20.0 %
  • 20000 000 +
    40.0 %

Pivot points
Dailys
Weekly
Monthly
Pivot point
355.683
Bid
357.189
Offer
357.439
Distance
0
Last Updated: 1/25/2023 10:00:00 PM

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Forex is the process by which traders can buy one currency and simultaneously sell another, with the goal to profit from the direction price is likely to take in the future. With a daily trading volume of more than $6.5 trillion, the forex market is the most traded in the world, and is open 24 hours a day, 5 days a week for banks, institutions and individuals worldwide.

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